1 BTC now buys over 60,000 STEEM

avatar

The collapse in value of STEEM seems to be accelerating.

Screen Shot 2019-08-10 at 1.44.35 PM.png

Is anyone buying "the dip"?



0
0
0.000
13 comments
avatar
(Edited)

Does that mean that BTC is too expensive or is it Steem that is undervaluated ?
Don't worry we have a Plan to Onboard the Masses.

0
0
0.000
avatar

It just means you can now buy 5x STEEM for same amount of BTC as not too long ago.
I do not have a valuation model for STEEM.

0
0
0.000
avatar
(Edited)

The valuation is the daily utility-but i do not have a valuation model also.
The utility seems to be quite high-in my opinion.
You can act in a lot of different ways with your steem/SP every day.
So, it could be a good time to buy some steem:)), i did it:)). Best regards!
Critic: is is really necessesary to make some full-self-upvotes an a comment??
Or could it be better to vote for smaller accounts? in a long point of view!

0
0
0.000
avatar

I just powered back up 100%. Not sure what to do with SP yet.

0
0
0.000
avatar

doesn’t “dip” imply that it will go back up?

0
0
0.000
avatar

I’m not a certified financial advisor, and this is not investment advice. :man_shrugging:

0
0
0.000
avatar

... and you have done your best to prevent it from "going up", aye ?

0
0
0.000